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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,249,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Potential land development site in Port Whitby close to new condo tower construction. Fast developing area near GO station and the lake and all the amenities of Port Whitby. This is Medium Density Residential Two located in the MTSA-Major Transit Station Area - South Whitby. (Intensification) This offering has an upgraded Cape Cod style home with garage and an existing finished lower level with kitchen, rec room, extra bedroom 3-pc bathroom and separate entrance. The fenced lot with measures approx. 54.91 x 209.25 - 11,489.9 sq/ft priced at $108.78 per sq/ft, including the house and amenities. The house may be viewed with an appointment. (id:39198)
Location
Province
Ontario
City
Whitby
Address
1633 Charles St
Postal Code
L1N1C1
Location Highlights
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Listed by
RE/MAX HALLMARK FIRST GROUP REALTY LTD. Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
11,490
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$1,249,900
Asking Price
$1,249,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
11,490
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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